EXHIBIT 11
DURA AUTOMOTIVE SYSTEMS, INC.
STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
FOR THE THREE MONTHS ENDED JUNE 30, 1997 AND 1996
(IN THOUSANDS, EXCEPT PER SHARE DATA)
1997 1996
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Net income $ 5,100 $ 3,607
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Weighted average number of
Class A common shares 3,842 -
Weighted average number of
Class B common shares 4,963 5,002
Dilutive effect of outstanding
stock options after application
of the treasury stock method (1) 58 27
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Common and common equivalent
shares outstanding 8,863 5,029
---------- ----------
---------- ----------
Net income per common and
common equivalent share(1) $ 0.58 $ 0.72
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(1) The calculation of net income per common and common equivalent share for
the three months ended June 30, 1997 and 1996 are the same on a primary
and fully diluted basis.
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EXHIBIT 11
(CONTINUED)
DURA AUTOMOTIVE SYSTEMS, INC.
STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
FOR THE SIX MONTHS ENDED JUNE 30, 1997 AND 1996
(IN THOUSANDS, EXCEPT PER SHARE DATA)
1997 1996
------------ -----------
Net income $ 8,644 $ 4,954
------------ -----------
------------ -----------
Weighted average number of
Class A common shares 3,828 -
Weighted average number of
Class B common shares 4,975 5,002
Dilutive effect of outstanding stock
options after application of the
treasury stock method (1) 57 24
------------ -----------
Common and common equivalent
shares outstanding 8,860 5,026
------------ -----------
------------ -----------
Net income per common and
common equivalent share (1) $ 0.98 $ 0.99
------------ -----------
------------ -----------
(1) The calculation of net income per common and common equivalent shares
for the six months ended June 30, 1997 and 1996 are the same on a primary
and fully diluted basis.
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